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Find the prime cost and conversion cost

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Reference no: EM132860601

Question - Find the Prime Cost, conversion Cost, Cost of production, total Cost and profit from the following:

Direct Materials Rs.20000;

Direct Labor Rs. 10000;

Factory Expenses Rs. 7000;

Administration Expenses Rs. 5000;

Selling Expenses Rs. 7000 and Sales Rs.60,000.

Reference no: EM132860601

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